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Tesco PLC - Directorate Change

RNS Number : 7315B
Tesco PLC
03 February 2020
 

03 February 2020

Tesco PLC ("Tesco")

 

Update on CEO succession

 

Further to the CEO Succession announcement dated 2 October 2019, Tesco PLC ("Tesco") confirms that Ken Murphy will take up the role of Group Chief Executive on 1 October 2020 and will join the Board on the same date, after fully respecting his contractual non-compete obligations.

 

To facilitate a smooth and seamless handover, Dave Lewis has agreed to extend his tenure as Group Chief Executive until 30 September 2020.

 

 

Enquiries:

Investor Relations

Chris Griffith

+44 (0) 1707 912 900

Media

Simon Rew

+44 (0) 1707 918 701


Philip Gawith (Teneo)

+44 (0) 207 420 3143

 

 

LEI Number: 2138002P5RNKC5W2JZ46

 


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Quick facts: Tesco PLC

Price: 222.6895

Market: LSE
Market Cap: £21.84 billion
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